derive
from it; what extent of commerce would pass through this line of
communication;, and what revenue could reasonably, and with propriety,
be raised therefrom, in order to prove a remuneration for the (p. 101)
expense of the undertaking.

The official records of British trade and commerce, and also the
official records of the trade and commerce of the United States, will
enable us to estimate these points just alluded to, for the present
period, with considerable accuracy. From both records, the following
extent and amount of imports and exports, and tonnage, engaged in
transporting these, are selected; premising that, as regards both
countries, the value of each is, without either freight or charges:
and as regards the former, viz. Great Britain, the value taken is what
is denominated, in the Customs return, "_the declared value_," and
which, exclusive of freight and charges, is considerably below the
real amount. The commerce of both states mentioned, with all the
countries about to be enumerated, would most certainly pass through
the channel already alluded to, besides a considerable portion more
from other countries, but which is uncertain.

_Great Britain with_
Exports. Imports. Tonnage Tonnage
1834 1833 Inwards. Outwards.

China 842,852 3,528,635 29,308 8,887
New South Wales 716,014 } 12,400 29,567
Java 410,273 } 2,435 4,289
Philippine Islands 76,618 } 3,163,049 1,958 728
Siam 19,742 } " 337
E. Indies & Ceylon, 1/2 1,289,284 } 37,731 45,416
New Zealand 936 } 382 3,650
Chili 896,221 } 7,415 6,532
Peru 229,235 } 1,240,358 2,768 2,176
Mexico, 1/4 114,902 } 1,845 1,498
Whale Fisheries, 1/3 100,000 11,353 11,007
Guatemala, 1/3 10,122 10,122 136
---------- --------- -------- --------
L4,606,199 8,042,164 107,731 114,087